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In Focus
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Asia Tax Bulletin - Summer 2021While the world is watching the progress on the OECD’s global tax proposals for taxing digital businesses and introducing a global minimum income tax rate, which were embraced and committed to by most Asian countries, there have been a number of other tax developments over the past three months which you will read about in this bulletin.
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Mayer Brown Pride 2021 SeriesThroughout June, in celebration of the US observance of Pride Month, members of the global Mayer Brown community are sharing their reflections on LGBT+ identity, pride and what it means to build an inclusive culture and workplace.
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Continuing growth trajectory, Mayer Brown elects Jon Van Gorp as chair
Consistent with Mayer Brown’s culture of rotation in its senior leadership positions, the firm has elected longtime partner Jon Van Gorp as chair, effective June 1, 2021.
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July 262021Europe Daily News, the latest policy and legal developments in the European Union
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July 252021On June 11, 2021, the US Securities and Exchange Commission (“SEC” or “Commission”) announced that it would focus on cybersecurity disclosures made by public companies as part of its regulatory agenda. Given the SEC’s continued interest in cybersecurity issues, high-profile ransomware attacks and executive orders issued by President Biden, it is no surprise that the SEC is focused on taking an increasingly active role in a whole-of-government response to cybersecurity threats. Although it will be some time before a final rule on cybersecurity risk disclosures is issued, a proposal from the SEC is expected in October 2021. In the meantime, public companies should begin preparing for what is likely to be a new SEC rule mandating cybersecurity disclosures.
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July 232021While the world is watching the progress on the OECD’s global tax proposals for taxing digital businesses and introducing a global minimum income tax rate, which were embraced and committed to by most Asian countries, there have been a number of other tax developments over the past three months which you will read about in this bulletin.